Actions taken by Robinhood and TD Ameritrade amid the crazy GameStop stock surge can be understood from the perspective of risk management, but who’s watching out for the retail investors? That’s where the real risks lie.
Dave Lefort
Posted inEthics & Culture
‘Excellence in Compliance Awards’ nomination deadline closed
The nomination deadline has closed for Compliance Week’s second annual “Excellence in Compliance Awards,” which for 2021 includes a new category to honor companies whose ethics and compliance programs are head and shoulders above the rest.
Posted inAccounting & Auditing
Reports: Ex-EY partner steps aside as Deutsche Bank exec amid Wirecard probe
A former EY partner is reportedly relinquishing his position as Deutsche Bank’s head of accounting temporarily after German prosecutors launched an investigation into his role as a lead auditor for Wirecard.
Posted inData Privacy, ESG/Social Responsibility, Ethics & Culture, Regulatory Policy, Whistleblowers
Ten things I’d like to see happen in 2021
Many of the things I’d like to see in 2021 are directly related to regulatory changes we anticipate are coming under a Biden administration, but they’re mixed with a few lessons from the pandemic we hope carry into a post-COVID world.
Posted inBoards & Shareholders
VW integrity chief: Company culture has changed … and we have stress test to prove it
In a Q&A with Compliance Week, Volkswagen integrity chief Hiltrud Werner said that while compliance efforts “never have a finish line,” the company has made great strides since Dieselgate.
Posted inEthics & Culture
Wells Fargo gives us another reason to doubt their culture comeback
While Wells Fargo ends up with yet another “Failed It” this week, we salute the principled Deutsche Bank whistleblower whose refusal to accept “dirty money” cost him everything.
Posted inEthics & Culture
Salary data: Female CCOs make 17 percent less than males
A crunching of numbers from our “Inside the Mind of the CCO” survey showed the same gender pay disparity that pervades corporate America also exists in compliance.
Posted inEthics & Culture
Enjoy ‘Compliance Officer Day’—you’ve earned it
In a 2020 full of Blursdays that all run together, it’s perhaps appropriate that the day created in your honor this year happens to fall when you don’t have to be in the office (otherwise known as your bedroom/kitchen table).
Posted inEthics & Culture
Introduction: The story behind the story
Our first-ever case study is the story of Carnival’s quest for compliance redemption, set in the context of not only new leadership and a court-appointed monitorship, but in the midst of a global pandemic.
Posted inInternal Controls
‘Tale of Two Storms’: Carnival compliance case study to launch Sept. 14
CW is excited to announce the upcoming publication of its first-ever case study, a deep dive into the history of environmental transgressions at Carnival, its path back to compliance under new leadership, and its shift to crisis management mode when COVID-19 hit.